Daily News Letter-Dated 3rd November 2008--Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 3^rd November 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

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Advice: Book profits in Day-trade at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Last Close: 9788.06 (743.55) Resis – 10000, 10500, 11000, 11300 Supports – 9400, 9000, 8700, 8200

NIFTY: Last Close: 2885.60 (188.55) Resis – 3000, 3200, 3350, 3430, 3500 Supports – 2650, 2500, 2400, 2250, 2100

Sensex Range for This Week: 9400-11000 above which it will touch 11300 Below Tgt 8700; Resis at 10000 closing.

We will see a good opening but profit booking at rise is not ruled out. Keep booking your profits & trade with strict SL as Mkt may be highly volatile. Hot Sector 4 Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): JSW STEEL FUT (Sell 273; SL 279 TRIGGRED SAME DAY & ASKED TO EXIT)

Hot in Street: Indiainfo, Indiacem, Jswsteel, M&M, Uniphos, Ansalinfra, Mcdowell, Tatachem, Balramchin, Hdfc Etc.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today
ROLTA (181.60)	Buy C/F At 173—181	186		188-190	170	Grab in bulk as stock can show 200+ this week
BAJAJ HIND (45.25)	Grab C/F At 44—45	46.5		47—48	43	Sugar stocks can show good rally, can hit 50++
Derivative- Future (Strategy for today)
PUNJ LLOYD (175.20)	Buy At 172—175		178.5	180-182	170	Max Profits: Rs. 5000+	Short covering can b seen up to 190.
PUNJ CA 200 (7.00)	Sell When U Buy Fut.		Hedging Position			Max Loss: Rs. 2000
BANKNIFTY (4529.35)	Grab At 4400—4600		4740	4820-90	4250	Max Profits: Rs. 10000+	RBI rate cut can show some effect.
………………… (……..)	……………..		Hedging Positions			Max Loss: Rs. 3750
Derivative- Option
….. CA450 (40)	Must Buy At 25—40		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 10000+	Relief can be seen up to 520 in stock price.
…… PA400 (30)	Sell 2 Lots With CA					Max Loss: Rs. 4000
Investment Pick
………… (…….)(……….)	……………..		………	………	……….	………………………….

Last Trade (31^st Oct 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 13172.00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day/ Positional stocks target achieved.

Hot stocks in this month (November 2008)
………. (85.25)	Must Buy C/F At 77-83	92	95-98	Bel 74	Stock is oversold on chart, expect good bounce.
……… (58.35)	Grab in Bulk At 53—57	63	67—70	50	The FDI limit hike in Ins. will benefit the stock
……. (59.40)	Buy C/F At 52—57	65	68—72	48	Expect some recovery with the Mkt, Keep SL.
…….. (487.05)	Must Sell At 495—520	425	410-400	532	Stock is over bought in current mkt, Tgt 300.

Daily Performance Report (Last Trade) http://nse-bse.blogspot.com/2008/10/daily-performance-report-online-nifty_31.html

Weekly Performance Report (27^th -31^st Oct 08) http://nse-bse.blogspot.com/2008/10/weekly-perf-report-online-calls-btst_31.html

Monthly Performance Report (October): http://nse-bse.blogspot.com/2008/10/monthly-perf-report-online-calls-btst.html

Monthly Performance Report- BTST/ STBT (October) http://nse-bse.blogspot.com/2008/10/btst-performance-report-cashderivatives.html

Monthly Perf. Report-Nifty (October): http://nse-bse.blogspot.com/2008/10/monthly-performance-report-nifty-calls.html

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi OR ibnservice OR nse_bse4gain

Disclaimer – India Stock {A unit of India Business Network (IBN) Services, New Delhi} has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, India Stock does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. India Stock especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. India Stock will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. India Stock will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area, or in a hyperlinked area. By: India Stock (A Unit of IBN Services, New Delhi). Write to: ibnservices@gmail.com Visit: http://nse-bse.blogspot.com/ OR http://indiastock1.blogspot.com/

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